An app for Indian business owners
Tide Business India, or Tide in short, is a free financial platform for small and midsize enterprises (SMEs). Secure and convenient, it allows entrepreneurs to track and manage their expenses on the go. Not to mention, the app will send notifications to aid you in controlling your expenses, which then translates to reduced business spending.
The best part here is that the Tide app doesn’t impose transaction fees, so you can always stick to your budget. Soon, it will support payments made through a QR code. The catch of using this program includes poor customer service and account registration issues.
On-the-go expenditure management
Tide is a UK-based fintech for business owners. With offices stationed in other regions, such as Bulgaria and India, many more entrepreneurs have taken advantage of its services for their business needs. Now, the firm has developed a dedicated app for Indian entrepreneurs called Tide Business India. In addition to their address, valid PAN (permanent account number) card, and phone number, applicants must also possess an Android device.
After the initial sign-up process, you must bring your ID and show up for the VKYC (video Know Your Customer) for identity verification. From there, your Tide Expense Card will be delivered to your doorstep in around five to seven business days. Besides expenditure monitoring, this prepaid card is also used to facilitate transactions at establishments that accept RuPay as a payment method.
Further, you can block or unblock your Tide Expense Card and top up money via UPI (Unified Payments Interface)—India’s digital payment system—or online banking. The good news is that all of these can be done conveniently in the app. While finance apps, in general, pose a degree of risk to users, this fintech program implements state-of-the-art security measures to protect your account from potential cyberattacks.
A handy tool for businesses
When it comes to business management, Tide Business India takes the cake. With the ability to manage finances from your fingertips, you’ll find it easier to stick to your budget and avoid overspending. As it takes your security seriously, rest assured that your account will be safe from cyberattacks. However, its so-so customer service is irksome and a dealbreaker to users.
